https://www.taxtmi.com/caselaws?id=195145 The Gujarat High Court, under the judgment of Honourable Smt. Justice Abhilasha Kumari, granted dispensation for meetings of Equity Shareholders, Secured Creditors, and Unsecured Creditors regarding a Scheme of Arrangement. The Court approved dispensation based on consent letters from all Equity Shareholders and certification of the absence of Secured Creditors by a Chartered Accountant. It was noted that the proposed Scheme did not affect the rights of Unsecured Creditors or reduce their liabilities, leading to the dispensation of all three meetings and the publication notice in the Official Gazette. en-us Wed, 27 Apr 2016 00:00:00 +0530 Wed, 29 Nov 2017 18:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195145 The Gujarat High Court, under the judgment of Honourable Smt. Justice Abhilasha Kumari, granted dispensation for meetings of Equity Shareholders, Secured Creditors, and Unsecured Creditors regarding a Scheme of Arrangement. The Court approved dispensation based on consent letters from all Equity Shareholders and certification of the absence of Secured Creditors by a Chartered Accountant. It was noted that the proposed Scheme did not affect the rights of Unsecured Creditors or reduce their liabilities, leading to the dispensation of all three meetings and the publication notice in the Official Gazette. Case-Laws Companies Law Wed, 27 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195145